Global News

RigNet expects to take a one-time charge of approximately $6.2 million RigNet, Inc. (Nasdaq:RNET), a leading global provider of digital technology solutions to the oil and gas industry, today announced that it is implementing a plan to shift resources from its U.S. land rig communications business and certain back office support functions to expand its […]

Fifth Street Asset Management Inc. (NASDAQ:FSAM)today announced the closing of Fifth Street Senior Loan Fund I, LLC, a $309.5 million collateralized loan obligation. FS SLF I represents FSAM’s initial CLO under management and its pricing was the first for a debut manager in 2015. FS SLF I is primarily invested in middle market senior secured […]

Second Interval at Wressle-1 Well Free Flows Oil & Gas 182 barrels of oil per day Europa Oil & Gas, the AIM quoted oil and gas company with a combination of producing and exploration assets in Europe, has commented upon the announcement of Egdon Resources today confirming free flowing oil production rates equivalent to up […]

Option to acquire leading US industrial and energy consultant to provide UAV solutions to the commercial sector Strat Aero plc, an international aerospace services company, has announced that it has, via its 100% owned subsidiary Strat Aero International Inc. signed an Option Agreement to acquire 70% of the issued share capital of New Amsterdam Global […]

It has been one week since I used this space to discuss ARM Holdings (LSE:ARM) following its earnings report for 2014. In the interim, ARM’s share price has gained an additional 12 points. It is up 104 points (10%) since 01 January, closing today at 1,099.00. Every time I research ARM, I get the same […]

Chris Oil advfn financial writer has a few improvements happening on my Blog and advfn articles before the  UK Investor Show. You will be able to see all my advfn articles and advfn Justin Waite Show  interviews with me now at the Chris Oil Blog. To keep the blog free to view there will be […]

“But in the market any price is always history. It’s the price of the last transaction, holding no guarantee for even the nearest future.” – Dirk Vandycke What do you do when a good trading system, whose historical results have been satisfactory, gets into a losing streak? Good strategies lose now and then, and then […]

MINING LAW MODIFICATIONS APPROVED Ariana Resources, the Anglo-Turkish gold exploration and development company focused on Turkey, is pleased to announce that several modifications to the Mining Law were recently approved by the Turkish Parliament and have now been brought in to effect by the President. The Company believes this will hasten the mining permitting process […]

Growing Gas and Shifting Flows Despite the dramatic recent weakening in global energy markets, ongoing economic expansion in Asia – particularly in China and India – will drive continued growth in the world’s demand for energy over the next 20 years. According to the new edition of the BP Energy Outlook 2035, global demand for […]

Closing of sale of interest in the Wate Uranium Project Rose Petroleum plc, the AIM-listed (LSE:ROSE) natural resources company, has said that their wholly owned subsidiary VANE Minerals (US) LLC has now closed the transaction to sell its 50% interest in the Wate breccia pipe uranium project for an increased total sale price of US$1.75 […]